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Thai Foods Group PCL (BKK:TFG) Days Inventory : 84.24 (As of Dec. 2023)


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What is Thai Foods Group PCL Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Thai Foods Group PCL's Average Total Inventories for the three months ended in Dec. 2023 was ฿13,252 Mil. Thai Foods Group PCL's Cost of Goods Sold for the three months ended in Dec. 2023 was ฿14,354 Mil. Hence, Thai Foods Group PCL's Days Inventory for the three months ended in Dec. 2023 was 84.24.

The historical rank and industry rank for Thai Foods Group PCL's Days Inventory or its related term are showing as below:

BKK:TFG' s Days Inventory Range Over the Past 10 Years
Min: 88.01   Med: 91.53   Max: 120.11
Current: 96.36

During the past 10 years, Thai Foods Group PCL's highest Days Inventory was 120.11. The lowest was 88.01. And the median was 91.53.

BKK:TFG's Days Inventory is ranked worse than
58.01% of 1786 companies
in the Consumer Packaged Goods industry
Industry Median: 82.33 vs BKK:TFG: 96.36

Thai Foods Group PCL's Days Inventory declined from Dec. 2022 (96.01) to Dec. 2023 (84.24).

Inventory Turnover measures how fast the company turns over its inventory within a year. Thai Foods Group PCL's Inventory Turnover for the three months ended in Dec. 2023 was 1.08.

Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue. Thai Foods Group PCL's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.91.


Thai Foods Group PCL Days Inventory Historical Data

The historical data trend for Thai Foods Group PCL's Days Inventory can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Thai Foods Group PCL Days Inventory Chart

Thai Foods Group PCL Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 88.01 88.31 100.02 98.50 90.82

Thai Foods Group PCL Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 96.01 105.86 109.96 93.84 84.24

Competitive Comparison of Thai Foods Group PCL's Days Inventory

For the Farm Products subindustry, Thai Foods Group PCL's Days Inventory, along with its competitors' market caps and Days Inventory data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Thai Foods Group PCL's Days Inventory Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Thai Foods Group PCL's Days Inventory distribution charts can be found below:

* The bar in red indicates where Thai Foods Group PCL's Days Inventory falls into.



Thai Foods Group PCL Days Inventory Calculation

Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Thai Foods Group PCL's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as

Days Inventory (A: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2022 ) + Total Inventories (A: Dec. 2023 )) / count ) / Cost of Goods Sold (A: Dec. 2023 )*Days in Period
=( (12915.089 + 13128.609) / 2 ) / 52333.013*365
=13021.849 / 52333.013*365
=90.82

Thai Foods Group PCL's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

Days Inventory (Q: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Sep. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (13375.073 + 13128.609) / 2 ) / 14353.874*365 / 4
=13251.841 / 14353.874*365 / 4
=84.24

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Thai Foods Group PCL  (BKK:TFG) Days Inventory Explanation

Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:

1. Inventory Turnover measures how fast the company turns over its inventory within a year.

Thai Foods Group PCL's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

2. Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.

Thai Foods Group PCL's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=13251.841 / 14550.467
=0.91

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Be Aware

A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.


Thai Foods Group PCL Days Inventory Related Terms

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Thai Foods Group PCL (BKK:TFG) Business Description

Traded in Other Exchanges
N/A
Address
Viphavadi Rangsit Road, 1010, Shinawatra Tower 3 Building, 12th Floor, Kwang Chatuchak, Khet Chatuchak, Bangkok, THA, 10900
Thai Foods Group PCL is a farm products company. Its operating segment includes Poultry, Swine, Feed Mill, Retail and Other business segments. The activities of the group are producing and distributing frozen and chilled chicken meat and products of chicken meat including producing and distributing swine and feed mills. Geographically, the company manages and operates its business activities principally in Thailand. It generates maximum revenue from the Poultry segment.

Thai Foods Group PCL (BKK:TFG) Headlines